Guru Favorite Stocks ETF (NASDAQ:GFGF) Shares Down 0.5% – Time to Sell?

Guru Favorite Stocks ETF (NASDAQ:GFGF) shares fell 0.5% during mid-day trading on Wednesday . The stock traded as low as $35.60 and last traded at $35.5977. 11 shares changed hands during trading, a decline of 99% from the average session volume of 1,801 shares. The stock had previously closed at $35.76.

Guru Favorite Stocks ETF Stock Performance

The stock has a 50 day moving average of $35.04 and a two-hundred day moving average of $34.04. The firm has a market capitalization of $37.73 million, a P/E ratio of 31.06 and a beta of 1.06.

Guru Favorite Stocks ETF Announces Dividend

The company also recently declared an annual dividend, which was paid on Wednesday, December 24th. Stockholders of record on Tuesday, December 23rd were given a $0.0752 dividend. The ex-dividend date of this dividend was Tuesday, December 23rd. This represents a dividend yield of 21.0%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Guru Favorite Stocks ETF stock. Royal Bank of Canada increased its position in Guru Favorite Stocks ETF (NASDAQ:GFGF) by 96.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,750 shares of the company’s stock after acquiring an additional 6,269 shares during the quarter. Royal Bank of Canada owned about 1.20% of Guru Favorite Stocks ETF worth $390,000 at the end of the most recent quarter.

About Guru Favorite Stocks ETF

The Guru Favorite Stocks ETF Guru Favorite Stocks Fund (GFGF) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US-listed companies that are favored by prominent long-term investors. GFGF was launched on Dec 16, 2021 and is managed by Alpha Architect.